Key Highlights:
- Kenvue (KVUE, Financial) exceeded earnings expectations with a Non-GAAP EPS of $0.24.
- Revenue achieved $3.74 billion, surpassing estimates despite a slight decline.
- Wall Street analysts provide a cautious "Hold" recommendation on Kenvue stock.
Kenvue (KVUE) has released its financial performance for the first quarter of 2025, showcasing a Non-GAAP EPS of $0.24, which outpaced market expectations by $0.01. The company's revenue hit $3.74 billion, exceeding forecasts by $60 million, despite experiencing a 3.9% decline compared to the previous year. Looking forward, Kenvue projects a modest growth in net sales, estimating a 1% to 3% rise for the entire year 2025.
Wall Street Analysts Outlook
According to projections from 15 Wall Street analysts, the average price target for Kenvue Inc (KVUE, Financial) stands at $24.27, with a high-end projection of $29.00 and a low-end forecast of $22.00. This average target indicates a potential upside of 5.02% from the current trading price of $23.11. For a more comprehensive analysis, visit the Kenvue Inc (KVUE) Forecast page.
The consensus rating from 19 brokerage firms positions Kenvue Inc's (KVUE, Financial) average brokerage recommendation at 2.6, suggesting a "Hold" status. The recommendation scale ranges from 1 to 5, where 1 indicates a Strong Buy and 5 represents a Sell.
